Classical indifference valuation,a widely studied approach in incomplete markets,uses critically the a priori knowledge of the characteristics(arrival,maturity,payoff structure)of the projects in consideration.This as...Classical indifference valuation,a widely studied approach in incomplete markets,uses critically the a priori knowledge of the characteristics(arrival,maturity,payoff structure)of the projects in consideration.This assumption,however,may not accommodate realistic scenarios in which projects,not initially anticipated,arrive at later times.To accommodate this,we employ forward indifference valuation criteria,which by construction are flexible enough to adapt to such"non-anticipated"cases while yielding time-consistent indifference prices.We consider and analyze in detail two representative cases:valuation adjustments due to incoming non-anticipated project and the relative forward indifference valuation of new projects in relation to existing ones.展开更多
in the bill of quantities mode, audit department how to perform the function of supervision, control the cost of the project, to improve the infrastructure investment efficiency to have the important meaning. This art...in the bill of quantities mode, audit department how to perform the function of supervision, control the cost of the project, to improve the infrastructure investment efficiency to have the important meaning. This article from the valuation list elements of engineering audit mode based solutions, engineering audit under BOQ valuation mode is put forward from the audit information management, engineering contract claim, audit personnel quality etc..展开更多
The Grain for Green project has had a substantial influence on water conservation in the Huangshui River Basin,China through afforestation and grassland restoration over the past two decades.However,a comprehensive un...The Grain for Green project has had a substantial influence on water conservation in the Huangshui River Basin,China through afforestation and grassland restoration over the past two decades.However,a comprehensive understanding of the spatiotemporal evolution of water conservation function and its driving factors remains incomplete in this basin.In this study,we utilized the Integrated Valuation of Ecosystem Services and Tradeoffs(InVEST)model to examine the spatiotemporal evolution of water conservation function in the Huangshui River Basin from 2000 to 2020.Additionally,we employed the random forest model,Pearson correlation analysis,and geographical detector(Geodetector)techniques to investigate the primary factors and factor interactions affecting the spatial differentiation of water conservation function.The findings revealed several key points.First,the high-latitude northern region of the study area experienced a significant increase in water conservation over the 21-a period.Second,the Grain for Green project has played a substantial role in improving water conservation function.Third,precipitation,plant available water content(PAWC),grassland,gross domestic product(GDP),and forest land were primary factors influencing the water conservation function.Finally,the spatial differentiation of water conservation function was determined by the interactions among geographical conditions,climatic factors,vegetation biophysical factors,and socio-economic factors.The findings have significant implications for advancing ecological protection and restoration initiatives,enhancing regional water supply capabilities,and safeguarding ecosystem health and stability in the Huangshui River Basin.展开更多
Mountain ecosystems play an essential role in supporting regional sustainable development and improving local ecological environments. However, economic development in mountainous areas has long been lagging, and mult...Mountain ecosystems play an essential role in supporting regional sustainable development and improving local ecological environments. However, economic development in mountainous areas has long been lagging, and multiple conflicts related to resource assurance, ecological protection, and economic development have emerged. An accurate grasp of the current status and evolutionary trends of mountain ecosystems is essential to enhance the overall benefits of ecosystem services and maintain regional ecological security. Based on the In VEST(Integrated Valuation of Ecosystem Services and Trade-offs) model, this study analyzed the spatiotemporal evolution patterns and the trade-offs and synergies among ecosystem services(ES) in the Dabie Mountains Area(DMA) of eastern China. The Markov-PLUS(Patch-generating Land Use Simulation) model was used to conduct a multi-scenario simulation of the area's future development. Water yield(WY) and soil conservation(SC) had overall increasing trends during 2000-2020, carbon storage(CS)decreased overall but slowed with time, and habitat quality(HQ) increased and then decreased. The ecological protection scenario is the best scenario for improving ES in the DMA by 2030;compared to 2020, the total WY would decrease by 3.77 × 10^(8) m^(3), SC would increase by 0.65 × 10^(6) t, CS would increase by 1.33 × 10^(6) t, and HQ would increase by 0.06%. The comprehensive development scenario is the second-most effective scenario for ecological improvement, while the natural development scenario did not have a significant effect. However, as the comprehensive development scenario considers both environmental protection and economic development, which are both vital for the sustainable development of the mountainous areas, this scenario is considered the most suitable path for future development. There are trade-offs between WY, CS, and HQ, while there are synergies between SC, CS, and HQ. Spatially, the DMA's central core district is the main strong synergistic area, the marginal zone is the weak synergistic area, and trade-offs are mainly distributed in the transition zone.展开更多
文摘Classical indifference valuation,a widely studied approach in incomplete markets,uses critically the a priori knowledge of the characteristics(arrival,maturity,payoff structure)of the projects in consideration.This assumption,however,may not accommodate realistic scenarios in which projects,not initially anticipated,arrive at later times.To accommodate this,we employ forward indifference valuation criteria,which by construction are flexible enough to adapt to such"non-anticipated"cases while yielding time-consistent indifference prices.We consider and analyze in detail two representative cases:valuation adjustments due to incoming non-anticipated project and the relative forward indifference valuation of new projects in relation to existing ones.
文摘in the bill of quantities mode, audit department how to perform the function of supervision, control the cost of the project, to improve the infrastructure investment efficiency to have the important meaning. This article from the valuation list elements of engineering audit mode based solutions, engineering audit under BOQ valuation mode is put forward from the audit information management, engineering contract claim, audit personnel quality etc..
基金funded by the National Key R&D Program of China(2023YFC3008502)the National Natural Science Foundation of China(52309103)+2 种基金the Major Science and Technology Programs of the Ministry of Water Resources(MWR)(SKS-2022002)the Chengde Applied Technology Research and Development and Sustainable Development Agenda Innovation Demonstration Zone Special Science and Technology Plan Project(202305B009)the Qinghai Province Applied Basic Research Program(2024-ZJ-773).
文摘The Grain for Green project has had a substantial influence on water conservation in the Huangshui River Basin,China through afforestation and grassland restoration over the past two decades.However,a comprehensive understanding of the spatiotemporal evolution of water conservation function and its driving factors remains incomplete in this basin.In this study,we utilized the Integrated Valuation of Ecosystem Services and Tradeoffs(InVEST)model to examine the spatiotemporal evolution of water conservation function in the Huangshui River Basin from 2000 to 2020.Additionally,we employed the random forest model,Pearson correlation analysis,and geographical detector(Geodetector)techniques to investigate the primary factors and factor interactions affecting the spatial differentiation of water conservation function.The findings revealed several key points.First,the high-latitude northern region of the study area experienced a significant increase in water conservation over the 21-a period.Second,the Grain for Green project has played a substantial role in improving water conservation function.Third,precipitation,plant available water content(PAWC),grassland,gross domestic product(GDP),and forest land were primary factors influencing the water conservation function.Finally,the spatial differentiation of water conservation function was determined by the interactions among geographical conditions,climatic factors,vegetation biophysical factors,and socio-economic factors.The findings have significant implications for advancing ecological protection and restoration initiatives,enhancing regional water supply capabilities,and safeguarding ecosystem health and stability in the Huangshui River Basin.
基金Under the auspices of National Natural Science Foundation of China (No. U2102209)。
文摘Mountain ecosystems play an essential role in supporting regional sustainable development and improving local ecological environments. However, economic development in mountainous areas has long been lagging, and multiple conflicts related to resource assurance, ecological protection, and economic development have emerged. An accurate grasp of the current status and evolutionary trends of mountain ecosystems is essential to enhance the overall benefits of ecosystem services and maintain regional ecological security. Based on the In VEST(Integrated Valuation of Ecosystem Services and Trade-offs) model, this study analyzed the spatiotemporal evolution patterns and the trade-offs and synergies among ecosystem services(ES) in the Dabie Mountains Area(DMA) of eastern China. The Markov-PLUS(Patch-generating Land Use Simulation) model was used to conduct a multi-scenario simulation of the area's future development. Water yield(WY) and soil conservation(SC) had overall increasing trends during 2000-2020, carbon storage(CS)decreased overall but slowed with time, and habitat quality(HQ) increased and then decreased. The ecological protection scenario is the best scenario for improving ES in the DMA by 2030;compared to 2020, the total WY would decrease by 3.77 × 10^(8) m^(3), SC would increase by 0.65 × 10^(6) t, CS would increase by 1.33 × 10^(6) t, and HQ would increase by 0.06%. The comprehensive development scenario is the second-most effective scenario for ecological improvement, while the natural development scenario did not have a significant effect. However, as the comprehensive development scenario considers both environmental protection and economic development, which are both vital for the sustainable development of the mountainous areas, this scenario is considered the most suitable path for future development. There are trade-offs between WY, CS, and HQ, while there are synergies between SC, CS, and HQ. Spatially, the DMA's central core district is the main strong synergistic area, the marginal zone is the weak synergistic area, and trade-offs are mainly distributed in the transition zone.
